TULIP HOUSE, FAULKNERS CLOSE, FAIRFORD, GL7 4DE - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

TULIP HOUSE is a large detached house of 157m², built sometime between 2003 and 2006, which could now be worth an estimated £587,252. It was last sold for £295,000 in October 2005, which was around 15% below the average October 2005 detached price in the Cotswold local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

TULIP HOUSE Sold Prices

Land registry data shows two sales for TULIP HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. Both of the two TULIP HOUSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 5 OCT	£295,000	£348,427	15% below HPI
2003 1 AUG	£280,000	£322,258	13% below HPI

TULIP HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The two TULIP HOUSE sales from August 2003 and October 2005 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2005 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might TULIP HOUSE be worth now?

TULIP HOUSE might now be worth an estimated £587,252.

This is based on house price inflation of 99.1%, between October 2005 and February 2025, for detached houses, in the Cotswold local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 99.1% inflationary increase is applied to the most recent sale price for TULIP HOUSE of £295,000 on 5th October 2005. For the value to have increased from £295,000 to £587,252 over the twenty years and eight months to February 2025, the following assumptions must hold true:

• The value of TULIP HOUSE has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The October 2005 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of TULIP HOUSE has not materially changed since October 2005.

How Large is TULIP HOUSE?

TULIP HOUSE is 157m² according to the EPC inspection conducted in June 2009. This puts it in the largest 30% of detached houses houses in Horcott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horcott, and where TULIP HOUSE lies on this distribution: 72% of detached houses houses are smaller than TULIP HOUSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Horcott.

TULIP HOUSE: Plot and Title Map

TULIP HOUSE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of TULIP HOUSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of TULIP HOUSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is TULIP HOUSE?

TULIP HOUSE is located on FAULKNERS CLOSE in FAIRFORD, in the GL7 postcode district. The below map shows the position of TULIP HOUSE on FAULKNERS CLOSE.